Philippines Probes China Remittances to Duterte Firm
The Philippine National Security Council is investigating suspicious remittances from China and Hong Kong to a firm linked to Vice President Sara Duterte. The funds surfaced during an impeachment trial examining unexplained wealth.
The Philippines security council is investigating 319 million pesos ($5.08M) in suspicious remittances from China tied to Vice President Sara Duterte's family firm. The funds surfaced during a Tuesday morning impeachment trial examining unexplained wealth allegations against the vice president. The inquiry could trigger broader anti-money laundering penalties and intensify political instability in Manila.
